PPP Loan information for Sbi materials, llc

$94,399

Sbi materials, llc was initially approved for PPP Loan of amount $94,399, the current approved amount is $94,399. The loan was approved on 04/30/2020 by The Lakeland Bank reported 4 jobs and $94,399 was used to fund payroll.

Sbi materials, llc is Existing or more than 2 years old

SBI MATERIALS, LLC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SBI MATERIALS, LLC

Borrower Address

17 Demarest Drive

Borrower City

WAYNE

Borrower State

NJ

Borrower Zip

07470

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94399.37

Current Approval Amount

94399.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

PASSAIC

Project State

NJ

Project Zip

07470-1200

CD

NJ-11

Jobs Reported

4

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94399.37

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95238.48

Forgiveness Date

04/02/2021

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